tag:blogger.com,1999:blog-20764729.post113844783945381362..comments2024-02-07T21:18:55.173+05:30Comments on The India Story: The Sodexho StoryNyayapati Gautamhttp://www.blogger.com/profile/02809783041780040267noreply@blogger.comBlogger39125tag:blogger.com,1999:blog-20764729.post-85615660084742329602022-02-23T10:45:24.974+05:302022-02-23T10:45:24.974+05:30sodexo food coupons tax exemption<a href="https://thefundadvisor.com/tag/sodexo-food-coupons-tax-exemption-under-section/" rel="nofollow">sodexo food coupons tax exemption</a><br />simplelifehttps://www.blogger.com/profile/09365468264829260749noreply@blogger.comtag:blogger.com,1999:blog-20764729.post-26928620814646666202012-11-19T05:20:37.412+05:302012-11-19T05:20:37.412+05:30Hanif Shah is a terrorist, a traitor... arrest hi...Hanif Shah is a terrorist, a traitor... arrest him, kill himAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-31184421110650484102012-10-05T18:21:02.139+05:302012-10-05T18:21:02.139+05:30Govt. must have vested interest in allowing sodexo...Govt. must have vested interest in allowing sodexo. I resent waiting at store while the person ahead clumsily counts his sodexho. further it is only sodexho who wins. I lose my time and compulsion to use the sodexho even though i hate it, merchants lose there money and Govt. lose their taxes. you want fringe benefits.? let Govt. allow cash instead of sodexho at marginal tax. All win except sodexho!Jack d' Ronaldhttps://www.blogger.com/profile/16740806570044746328noreply@blogger.comtag:blogger.com,1999:blog-20764729.post-21859081947970501172012-05-18T20:41:19.063+05:302012-05-18T20:41:19.063+05:30Buying sodexho means to force someone to buy thing...Buying sodexho means to force someone to buy things from the limited shops where sodexho is being accepted. It indirectly means the mall or shop who accepts sodexho does not becomes competitive and gains monopoly, which in fact affects the employees or individuals who compulsorily have to buy things at whatever price the mall or shop charges. Now if we look on darker side, more money goes directly out of India in the mask of good face. Certainly Indian economy suffers and so the citizens. This cycle, which is generated by sodexho company and accepted by our corrupt government takes our money, earns profit on no investment, take it abroad, create economic breakdown in the name of tax saving, loot India and at last breaks its backbone. <br /><br />So friends its cool and good to spend money on food items, pay tax, which in turn will help us and our children and money will be circulated in our company.<br /><br />Now if anyone from sodexho, who want to justify or oppose my speculation should show us - the Indian employees - its revenue generate plan.<br /><br />Thanks & Regards.<br />Yours fellow Indian<br />Ta-TaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-29220560385650824692012-01-10T19:26:39.690+05:302012-01-10T19:26:39.690+05:30Lets assume sodexo prints 1Billion worth coupons a...Lets assume sodexo prints 1Billion worth coupons and distributes and it took 30Days for them to collect the same back. 10% of the card is lost. That means for 1month period it printed 1Billion currency and floated in the market. As this is a perpetual process there is always billions of fake currency floating in the market printed by sodexo. I wonder, how did government allowed this business?<br />and every cycle the lost card is an extra unaccounted income. God knows if they are remitting this amount back to government?<br />Sodexo needs to be banned by confiscating their complete assets and arresting the top management and the officials who sanctioned this.Bipinnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-54676400491137149942012-01-02T14:16:49.168+05:302012-01-02T14:16:49.168+05:30@All,Any idea why everyone stopped accepting your ...@All,Any idea why everyone stopped accepting your coupon w.e.f 1-Jan.I heard Sodexxo not paying to marchents.Hench the decisionAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-70628482140851810992011-12-09T02:17:43.544+05:302011-12-09T02:17:43.544+05:30Hey! What do you know! Our man does work for Sodex...Hey! What do you know! Our man does work for SodexHo: http://www.linkedin.com/pub/hanif-shah/6/5b1/255Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-40535398432604308602011-12-06T00:45:56.685+05:302011-12-06T00:45:56.685+05:30In dealing with sodexo coupons this app comes hand...In dealing with sodexo coupons this app comes handy https://market.android.com/details?id=com.yuvera.couponcalculatorAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-30603771143206546972011-08-18T13:56:44.825+05:302011-08-18T13:56:44.825+05:30Its all a personal choice. If someone like me who ...Its all a personal choice. If someone like me who stays away from family and spend most of the time eating out, its a blessing fro me. I save tax as well as my daily needs are taken care off. Why the hell people are talking about how sodexo works. Everyone posting here is working for money and so will Sodexo too. Just open your narrow mind and take a look at the benefits rather than posting stupid things for which some of you don 't have enough knowledge. No one is forcing you to take Sodexo from your company. SO all those peoplee crticising Sodexo just think!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-87047516713262801552011-05-29T20:25:25.977+05:302011-05-29T20:25:25.977+05:30Hanif Shah might have done his homework, but score...Hanif Shah might have done his homework, but scored a zero on it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-58102812796472878732010-10-22T10:47:11.768+05:302010-10-22T10:47:11.768+05:30means all the way we are benefiting indirectly a f...means all the way we are benefiting indirectly a foreign MNC instead of our government..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-51709533253611015462010-02-04T13:04:47.979+05:302010-02-04T13:04:47.979+05:30While going through cupboard - one of my friend fo...While going through cupboard - one of my friend found expired Sodexho PASS Gift Voucher worth more than Rs.2,500/- with validity period up to 31-12-2006. I've written an email to ask.in@sodexo.com today.<br /><br />Does any one know - how to get this money back? He is not in a mood to give up. <br /><br />So, all kind of suggestions are welcome - except perhaps that of going to a consumer court since effort may not be worth the loss of Rs.2,500/- or so.Rajesh Kotharihttps://www.blogger.com/profile/17547555697339866817noreply@blogger.comtag:blogger.com,1999:blog-20764729.post-80179508084606940822009-12-20T23:02:17.820+05:302009-12-20T23:02:17.820+05:30hey..curious on the business model..some questions...hey..curious on the business model..some questions:<br /><br />1. Is the one month credit period info authentic. Someone once told me two months, which seemed unrealistic. Also, how different can it be across retailers, i.e kiraana's, supermarkets etc? <br /><br />2. Ive heard that Sodexo discounts bills by 7% which i think is too big a margin. Even 5% (quoted in this blog) seems big, since the company is already sitting on large amounts of cash and this point, in my opinion, can always be brought to the negotiation table.<br />3. Was wondering why my employer would pay a 5% fee to Sodexo. My employer has a cafteria btw and that apart (from the preposterous margins) the fact that it makes an upfront cash payment to the company (does it?)and the real business here is between the shopkeeper and sodexo, shoudn't encourage such fees.<br /><br />4. Any idea on how the whole thing started? How did Sodexo build the ecosystem?goodgiffenhttps://www.blogger.com/profile/07478599934098931330noreply@blogger.comtag:blogger.com,1999:blog-20764729.post-59642558859283288742009-11-29T10:26:50.256+05:302009-11-29T10:26:50.256+05:30Hello guys
Can anyone please tell me , why these ...Hello guys<br /><br />Can anyone please tell me , why these supermarkets are accepting these coupons only on food items as previously they used to accept on all items?Manoj Gesulanhttps://www.blogger.com/profile/06301410924754436843noreply@blogger.comtag:blogger.com,1999:blog-20764729.post-73584479680305393962009-07-31T21:22:14.851+05:302009-07-31T21:22:14.851+05:30Navneeth is darn right. They make lot of money (I ...Navneeth is darn right. They make lot of money (I hv a friend who runs a restaurant accepting these). And the worst part is the "expired coupons" concept! How can our hard money become void and null? That is attrocious!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-49257884599317985642009-06-13T11:49:41.093+05:302009-06-13T11:49:41.093+05:30dear navneeth i think you should just shut ur garb...dear navneeth i think you should just shut ur garbage off and understand the business before commenting on the issues. Take a break man......Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-4579647353838013032009-05-10T18:23:00.000+05:302009-05-10T18:23:00.000+05:30Sodexho(also accor) guys are making hell lot of mo...Sodexho(also accor) guys are making hell lot of money by <br />1. earning interest for the period by which a cycle(from sodexho-company-employee-shop-sodexho).<br />2. Unclaimed/expired/lost/destroyed sodexho.<br />3. The charge which they reduce while making an reimbursement to shop fellows(don't know the exact %, if any body knows please update me).<br /><br />There costs are just to print and maintain an back office.A nice way to earn money. There not many players in the market as it requires lot of initial investment to get the permission from Govt.<br /><br />I am also awaiting an update on expired coupons.It is our hard earned money...navihttps://www.blogger.com/profile/06453590997282502911noreply@blogger.comtag:blogger.com,1999:blog-20764729.post-15887521246214951562009-03-10T12:25:00.000+05:302009-03-10T12:25:00.000+05:30I think what everybody is talking about is purely ...I think what everybody is talking about is purely based on the their personal experiences or understanding.<BR/><BR/>I think its a good system through which people can have meal benefit.<BR/><BR/>Why is everybody mentioning about income tax I really dont know.<BR/><BR/>Free meals and Food coupons are part of Fringe Benefit Tax and are excluded from any value calculation for the charge.<BR/><BR/>Accomodation is also one of the items covered under FBT, can anyone explain how many true claims are made for the same.<BR/><BR/>How many people claim correct Medical reimbursement with authentic bills.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-68518015848207497922009-03-01T22:40:00.000+05:302009-03-01T22:40:00.000+05:30Still awaiting an update on expired coupons. Why i...Still awaiting an update on expired coupons. Why is that we have to lose out our hard earned money?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-35159274488630685952009-02-12T12:22:00.000+05:302009-02-12T12:22:00.000+05:30@ Hanif: You're as deceptive as your Sales guys @ ...@ Hanif: You're as deceptive as your Sales guys @ Sodexo who came to our office some time back and kept misguiding us to increase the amount of food vouchers given per month... Luckily our CA was smart enough to figure that out and we ended up tying up with Accor... We were forced to tie-up only because govt. offers some tax incentives. Else no one really wants to have such a feature in their salary.. <BR/><BR/>BTW, i think it's the indian govt. which needs to have measures in place so that middle-men like Sodexo, Accor have no role to play and hence the middle-men margins are not passed on to the users of those devices..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-55144659195109425022009-01-27T13:45:00.000+05:302009-01-27T13:45:00.000+05:30Any update on expired sodexho pass?Any update on expired sodexho pass?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-53523651773661016522008-11-25T09:51:00.000+05:302008-11-25T09:51:00.000+05:30I have a problem of a different kind. Recently I m...I have a problem of a different kind. Recently I met a rep from Sodexho who told me that they do not acquire clients from Accor as this is a global policy. Could this be true. Accor and Sodexho being the only players in the market are now not even giving the customer an option. If we take Accor vouchers we are bound for life whether the service is good or bad. <BR/>Dont we have the right of choice being customers?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-17333789836492984732008-09-23T19:04:00.000+05:302008-09-23T19:04:00.000+05:30It is sad that we are allowing an MNC to print cur...It is sad that we are allowing an MNC to print currency like this!<BR/><BR/>Recently i had a bad experience with an expired Sodexho pass.<BR/><BR/>The global policy of sodexo is that it can be revalidated for one additional year if it expires but in India once the pass expires then there is no revalidation or refund! <BR/><BR/>So imagine how much profits they are making from expired gift passes?<BR/><BR/>Unfortunately we Indians are always exploited since we do not stand up for our rights!<BR/><BR/>If my bank draft expires then i can get a new DD from my bank then why Gift Voucher from Sodexho is different?<BR/><BR/>i have decided to fight it out! will let you know the outcome in this forum.<BR/><BR/>So sodexho is a currency with an expiry date!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-57626099947840584242008-08-25T22:42:00.000+05:302008-08-25T22:42:00.000+05:30@hanif.. you must have the ethical courtesy to dis...@hanif.. you must have the ethical courtesy to disclose your identity and your association with the company...<BR/><BR/>does this show the level of ethics being followed at Sodexho?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20764729.post-83142435167653786862008-08-25T22:39:00.000+05:302008-08-25T22:39:00.000+05:30@baskar...Apart from the company the members of th...@baskar...<BR/><BR/>Apart from the company the members of the finance ministry also stand to gain from the bribes the company would pay them to amend the currency act.. as a result we have a new currency with a star.. sans GandhijeeAnonymousnoreply@blogger.com